CBS is standing by its controversial decision to cancel Stephen Colbert’s long-running late-night show. The network now claims the move will transform a money-losing hour of television into a profitable business venture worth millions. In a statement released Thursday, CBS said its new arrangement with media entrepreneur Byron Allen represents a significant shift in how [...] The post CBS Promises $15M Profit With Stephen Colbert’s Replacement Deal appeared first on Mandatory .
CBS Promises $15M Profit With Stephen Colbert’s Replacement Deal
